#PEOPLEUSDT is forming an ascending triangle pattern. The dynamic resistance formed in the chart has not been broken so far, and after breaking it, the price can grow again to the level of $0.14000.

The $0.04400 support level is very important and the price should continue to trade above this level.

The resistance level of $0.07400 is still standing and the price must first cross the dynamic and static resistance to start the upward trend.

PEOPLE was finally able to break out of the triangle pattern and break the dynamic resistance. The key resistance level to watch is $0.15. If #PEOPLEUSDT can hold its ground here, we might witness a significant bullish rally, similar to previous upward trends. But there's a catch—if momentum fails to carry us past this level, we could see a drop.

In the event of a pullback, the lower major support area around $0.04400 could be our next line of defense, with a potential bullish rebound from that zone. However, this is a critical juncture .
Pay close attention to the demand area around $0.0240. A daily close below this zone could invalidate the bullish outlook, opening the door to further declines.

#PEOPLEUSDT is currently resting on a key support level. If the price successfully breaks below this support or the double top neckline, it will confirm a bearish trend, potentially leading to a deeper drop.

if the price manages to close above $0.15000 on the daily chart, the bearish outlook will be invalidated, and the market could resume its bullish trend.